Debt Settlement Counter Offer Letter

Offer letter -1

This is to inform you that I am attorney Margaret and working for Mr. Neil. He has received your settlement letter yesterday and asked me to let you know about the matter. You have stated that you are not able to pay the debt and you can pay X$ instead of X$. So, this is to inform you that Mr. Neil wants you to pay X$ instead of X$. The amount you have mentioned is not acceptable, but you are allowed not to pay the whole amount but X$ which is a bit more than the one that you have mentioned.

As you have given enough time to pay your debt, but you have still asked him to pay the less amount. Now he has given you a counteroffer that you can pay the amount which is X$ to him before the deadline. The deadline will be next week. Kindly pay your debt on time now. You are provided with this time to make the amount as per my client’s desire.

Now, pay your debt without any sort of excuses and delays. I have noted this date down and we will reach out to you now in the next week in case of not paying the debt on time.

Regards,

Debt Settlement Counter Offer Letter

Document File: 28KB

Offer letter -2

I am Wesley, the lawyer of Mr. Coleridge. I am writing this to you in response to your debt settlement letter. He has told me to ask you if you have sent a settlement letter of paying the amount X$ instead of X$. But let me tell you that Mr. Coleridge has not accepted your amount. He wants you to pay xxx$ instead of X$. He says that the amount that you have mentioned is very less and he needs money to pay for something urgently.

So, your offer is not accepted by him instead he counter-offered you to pay X$ instead of X$. You were supposed to pay the whole amount 1 week before the two reminders. But you didn’t and now you are asking to settle your debt. No other letter and a reminder will be given to you because you are already late in paying your debt.

Your desired amount is not sufficient to pay this late. But if you still want to pay less instead of the whole amount then you are welcome to pay X$ by next week. There is no other offer except for this. As I have mentioned that you can pay my client’s chosen amount by next week so you can pay it to me because Mr. Coleridge is not in town. So, your settlement offer didn’t work and now you have been asked to pay X$ by next week which is not going to be delayed anymore.

Kindly be on time otherwise you will yourself be responsible for the consequences. Note the deadline and the amount so that we don’t need to give you the reminder this time. I repeat the counteroffer is X$ instead of your desired amount which was X$. The details of the account in which you can transfer the money will be provided to you in a short while. Kindly take notice of it seriously. In case of any query, you may contact me on my number X.

Regards,

Debt Settlement Counter Offer Letter

Document File: 28KB